Lease Extensions in Crawley Down

Frequently asked questions relating to Crawley Down Lease Extensions

I have a lease of sixety five years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

My mortgage provider requires a £600 fee for their for a "deed of substituted security" for the lease extension for my flat in Crawley Down... I can find no mention of this in my mortgage contract... is this a normal fee to pay?

I am a freeholder of a block of flats in Crawley Down, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving the money next month. Are there any tax implications, the property is in joint names with my wife ?

My wife and I have a one bedroom flat located in Crawley Down. There is 81 years remaining on the lease and we want a lease extension. What will it likely cost to get a lease extension by, say,fifty years

I am looking for advice as I am interested in a property that has only a sixety seven year lease and therefore requires a lease extension. Is it possible for me to talk with someone to go through my options please?

Me and my sister would like to know the cost of a lease extension valuation for a property based in Crawley Down. Is this something you can help us with?

I do not need a lease extension but I do require a vesting order on a property I want to buy in Crawley Down. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the garden area.

We are hoping to purchase a property (a one bedroom apartment inCrawley Down with share of freehold). During our search, we were always looking at apartments that had a minimum 83 years outstanding. We identified a flat we liked and the selling agent promised us that the lease term was not an issue. Yesterday our informed us the lease only has sixety one years and therefore needs a lease extension. Do we walk away, or should we reduce our offer?

I own the freehold reversion of a property in Crawley Down where the leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has increased this to £10,000 without too much effort. My valuer has recommended a much higher figure. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to incur?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Crawley Down